Trade Republic Refer-a-Friend: Random Stock or ETF Worth 5 to 200 EUR for You and Your Friend
Existing Trade Republic customers who are enabled for the program can invite friends with a personal link. If the friend meets the conditions shown in the app within 21 days, both get a randomly drawn stock or ETF fraction worth 5 to 200 EUR at allocation.
Researched and rated by the BrokerBonuses editorial team · Last verified 2026-10-08 · How we rate
Risk warning: Trading carries a high risk of losing money, especially with leveraged products such as CFDs. A bonus does not reduce that risk. Only deposit what you can afford to lose.
Value rating breakdown
Availability
Checking availability…The catch
The bonus is paid as a stock or ETF fraction, not cash, and cannot be paid out directly. Trade Republic may block selling and transferring it for up to 90 days (Share Blocker, clause 3.3). After that you can sell it freely; the share is taxed from its purchase price on the payout date. If you close your account during the lock, Trade Republic can claim the bonus back.
How to claim
- Existing customer: open the app and find the referral tile (below the chart on Cash or Portfolio, or via the avatar, then Invite). If no tile is shown, your account is not enabled.
- Send the personal invite link privately to a friend who has never been a Trade Republic customer. Do not post it publicly.
- The friend opens the link, enters their phone number, installs the app and opens the account with that same number.
- The friend completes the conditions shown in the app within 21 calendar days of account opening (can include a deposit of up to 3,000 EUR and up to five paid orders).
- The bonus is allocated within 30 days as a stock or ETF fraction in the depot, possibly locked for up to 90 days.
Full review
Trade Republic's Refer-a-Friend promotion pays a stock or ETF fraction drawn at random from a fixed pool, with a value between 5 and 200 EUR at the moment of allocation. Both the existing customer and the new customer can receive one, but the terms say the bonus does not have to be equal and the amount and type can differ per side. The exact reward and the conditions are shown in the app, not on the website. Most people will land well below the 200 EUR ceiling, so treat 200 EUR as the best case of a lottery, not a price.
The catch is stacked up in the terms. The new customer must open the account through the personal invite link and finish the conditions shown in the app within 21 calendar days of account opening. Those conditions can include a deposit of up to 3,000 EUR and up to five paid investment orders (savings plans do not count). The bonus is credited within 30 days after the conditions are met, and Trade Republic may then lock the stock for up to 90 days (a "Share Blocker"), so you cannot sell it or transfer it out during that time. If you close the account during the lock, Trade Republic can claim the bonus back. The program is not open to every existing customer: only accounts that the app shows a referral tile for can invite. One referrer can earn at most 2,000 EUR or refer 40 new customers in total. Links must be shared privately, and posting them in forums, YouTube, messenger channels or coupon sites is banned and can lead to a clawback. A new customer who uses a referral link gives up the separate Free-Stock promotion, and the last link used counts.
Eligibility: both sides must be adults living in a country where the promotion is offered (Trade Republic serves 17 euro-area countries). The new customer must never have been a Trade Republic customer. Trade Republic can change, pause or end the program at any time without notice, and each promotion runs on a first-come budget. Check for the referral tile in the app before you count on it.
Pros
- +Both the referrer and the new customer can get a bonus
- +Regulated German bank (ECB licence, BaFin supervision)
- +Paid in real stock or ETF fractions
- +No promo code to type, the invite link does it
Cons
- −Reward is a random 5 to 200 EUR draw, and the exact amount is only shown in the app
- −Not every existing customer has the invite tile; Trade Republic enables it gradually
- −New customer must complete deposit and paid orders within 21 days
- −Stock can be locked for up to 90 days and clawed back if the account closes
- −Cap of 40 referrals or 2,000 EUR per referrer
- −Public sharing of the link is banned
- −Program can end any time without notice
5 to 200 EUR stock or ETF, both sides with Trade Republic
Now you know the terms. Claim it on the broker's own site.
Sources & verification
We research every bonus from the broker's official pages and re-check it on a 60-day schedule.
Confirmed against official sources: Bonus amount, Minimum deposit, Account type, Withdrawal terms, Turnover requirement, Hold requirement, Time limit, Eligible countries.
Broker regulation: Germany (license Full German banking licence (credit institution), granted by the ECB in December 2023; supervised by BaFin and Bundesbank).
- Bonus terms and conditions: assets.traderepublic.com ↗
- Trade Republic official site: traderepublic.com ↗
Last verified 2026-10-08. Next review within 60 days.